Business Studies, asked by sebastisoreng355, 8 months ago

Under which circumstances can a public company file a statement in lieu of

prospectus.​

Answers

Answered by ishamaloo4
0

Answer:

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Answered by prince567889
3

Answer:

If the promoters of a public company hope to get the subscription of capital from their own limited circle there is prospectus to the public. The promoters shall have to file 'a statement in lieu of prospectus. According to section 53 of the company's ordinance.

Explanation:

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